Question. How can Biden just authorize a bailout. In 2009, Paulson needed Congress approval. Thanks.
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Does not look like it. Death by a thousand cuts. Not much the illegitimate administration hasn't fucked up. They want America gone.Once a resident is installed by a coup, are there really limitations?
Question. How can Biden just authorize a bailout. In 2009, Paulson needed Congress approval. Thanks.
He is still bailing them out. Banks will increase rates and fees to recoup the monies. I ask Again how can he do that without Congress?President Biden on Monday stressed that Silicon Valley Bank (SVB) will not get a government bailout after regulators seized the assets of the failed bank.
“No losses will be — and this is an important for point — no losses will be borne by the taxpayers. Let me repeat that, no losses will be borne by the taxpayers. Instead, the money will come from the fees that banks pay into the Deposit Insurance Fund,” Biden said in remarks at the White House on the banking system.
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Biden stresses that Silicon Valley Bank is not getting a bailout
President Biden on Monday stressed that Silicon Valley Bank (SVB) will not get a government bailout after regulators seized the assets of the failed bank. “No losses will be — and this is an import…thehill.com
By not bailing them out....He is still bailing them out. Banks will increase rates and fees to recoup the monies. I ask Again how can he do that without Congress?
Question. How can Biden just authorize a bailout. In 2009, Paulson needed Congress approval.
You people have a hard time with reality.By not bailing them out....
Not really since it would take an act of Congress to authorize a bailout. The FDIC will cover its part but assets and loans will be called and used to pay back bank members.You people have a hard time with reality.
Where is the link to the receipt?Biden gave 200 billion U.S. TAXPAYER dollars to Ukraine.
Ukraine gave half of it back to biden. (that's how democrats work).
So Biden has 100 billion to play with.
What they are doing is the same thing.Not really since it would take an act of Congress to authorize a bailout. The FDIC will cover its part but assets and loans will be called and used to pay back bank members.
The feds are taking over the bank....What they are doing is the same thing.
It is the money that counts. The banks will do what they are told.The feds are taking over the bank....
Yeah, they pretty much have to.It is the money that counts. The banks will do what they are told.
Where is the link to the receipt?